McData offers $1.1m to keep CEO sweet

Stick around, fella

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McData plans to shell out more than $1m to keep its current CEO once the company links up with fellow storage switch maker Brocade.

In a regulatory filing last week, McData revealed that CEO John Kelley will receive a handsome $1.1m payout to stay loyal to BroData. To receive the full lump, Kelley must agree to certain terms, including remaining at the merged firm for six months.